Just a moment...

Report
ReportReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Report an Error
Type of Error :
Please tell us about the error :
Min 15 characters0/2000
TMI Blog
Home /

Review of Investment by Foreign Portfolio Investors (FPI) in Debt Securities

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of Investment by Foreign Portfolio Investors (FPI) in Debt Securities 1. SEBI and RBI, after mutual consultations, issued Circular No. CIR/IMD/CIR/P/2018/101 and A.P. (DIR Series) Circular No. 31, respectively, both dated June 15, 2018 reviewing the requirements w.r.t investment by FPI in Debt securities. Both the circulars had, inter-alia, mandated that no FPI shall have an exposure of more tha....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... shall also comply with terms, conditions or directions, specified or issued by the Board or RBI, from time to time, in addition to other conditions specified in these regulations. Thus, it is clarified that all the circulars and directions issued hereinafter by RBI w.r.t investment conditions for FPI Investment in corporate debt securities shall be complied with as per the timelines specified in ....